Billionaire Scions Bronfman, Ellison And Redstone Locked In Paramount Takeover Saga—Here's What To Know

Topline It's a battle of the billionaire scions for the wavering Paramount media empire, with gin heir Edgar Bronfman Jr. reportedly throwing in his own multibillion-dollar bid for media heiress Shari Redstone's stake in the CBS parent company, competing with an agreed-upon offer from David Ellison, the son of tech billionaire and the world's fifth-richest person, Larry Ellison. Edgar Bronfman, Jr speaks at a 2019 conference. Getty Images Key Facts Several outlets reported Bronfman made an approximately $4. ...